UN01.DE - Uniper SE

XETRA - XETRA Delayed Price. Currency in EUR
+0.21 (+0.78%)
At close: 5:35PM CEST
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Previous Close26.99
Bid0.00 x 0
Ask0.00 x 0
Day's Range26.91 - 27.20
52 Week Range21.55 - 27.74
Avg. Volume445,194
Market Cap9.954B
Beta (3Y Monthly)0.69
PE Ratio (TTM)N/A
EPS (TTM)-1.24
Earnings DateN/A
Forward Dividend & Yield0.74 (2.89%)
Ex-Dividend Date2019-05-23
1y Target Est24.18
  • Reuters7 hours ago

    Activist Knight Vinke calls for Uniper split to end Fortum deadlock

    Uniper should explore a deeper break-up to overcome antitrust hurdles that have prevented Finland's Fortum from taking full control of the German utility, activist investor Knight Vinke said on Monday. Knight Vinke wants Uniper's management to table a motion at the May 22 annual shareholder's meeting to prepare a spin-off of Unipro, a major Russian utility, according to a letter to Uniper's management board seen by Reuters on Monday. Finnish state-backed Fortum has since 2018 accumulated a 49.9 percent stake in Uniper, but Russian authorities have stopped it from gaining full control, arguing that a water-testing license owned by Unipro cannot be majority owned by a foreign state entity.

  • Reuters6 days ago

    German air taxi startup lands new CFO from utility Uniper

    Air taxi startup Lilium has hired Uniper chief financial officer Christopher Delbrueck to be its first CFO as it prepares to manufacture and operate a fleet of five-seater, battery-powered aircraft. Delbrueck's move from the utility, which was spun out from E.ON in a 2016 stock market listing, follows a string of high-profile hires at Munich-based Lilium, which has raised more than $100 million in two funding rounds so far. "Obviously to build mass production of the Lilium Jet, further financing at some point will be needed," Delbrueck told Reuters.

  • Reuters10 days ago

    Uniper to allow vote to break ownership deadlock

    German utility Uniper has caved in to demands from activist investor Elliott to allow shareholders a vote instructing management to enter negotiations with its largest investor, Fortum. The company said in a statement on Friday that it has added a vote on a so-called domination agreement - a type of takeover structure used in Germany that allows bidders to tighten their control over a company without holding all the shares - to the agenda for its annual general meeting on May 22. Uniper is currently in talks with Fortum over how to cooperate in the future, an attempt aimed at repairing their strained relationship after Fortum made a hostile bid in 2017.

  • Reuters10 days ago

    Uniper shareholders to vote on domination agreement with Fortum - statement

    Shareholders of German utility Uniper are set to vote on a motion by activist investor Elliott to instruct management to prepare a domination agreement with top investor Fortum , Uniper said on Friday. ...

  • Moody's20 days ago

    Fortum Oyj -- Moody's announces completion of a periodic review of ratings of Fortum Oyj

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Fortum Oyj and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Reuters21 days ago

    German utilities' plans for new capacity

    The table below details the building plans of Germany's power plant owners and operators, based on information gathered by industry association BDEW and presented at the annual Hannover industrial fair ...

  • Thomson Reuters StreetEvents24 days ago

    Edited Transcript of UN01.DE earnings conference call or presentation 12-Mar-19 9:30am GMT

    Full Year 2018 Uniper SE Earnings Call

  • Reuterslast month

    France's EDF in race to convert Cordemais plant from coal to biomass

    French utility EDF aims to convert its 1,200-megawatt (MW) Cordemais coal-fired power plant by spring 2022 into one that burns pellet fuel made from discarded wood, giving the unit a new lease of life. If successful, the process - known as Ecocombust - could be exported and adapted to other coal plants, saving jobs, while Cordemais would boost France's security of supply in winter. In its long-term energy plan, France has laid out moves to phase out electricity generation from coal by 2022, with the goal of decarbonising energy production by 2050.

  • Uniper sells stake in Italian LNG plant in 400 million euro deal
    Reuterslast month

    Uniper sells stake in Italian LNG plant in 400 million euro deal

    German energy group Uniper has agreed to sell its stake in a liquefied natural gas (LNG) terminal in Italy to Australian fund First State Investments for about 400 million euros ($452 million), it said on Friday. The sale of the 48.2 percent stake in OLT Offshore LNG Toscana will hand Uniper net proceeds of about 340 million euros once the deal closes later this year, a welcome cash injection as the group tries to expand its LNG business in Germany. "We've always said that selected existing gas infrastructure investments which we consider as strategic non-core assets may be suitable for portfolio rotation," Uniper Chief Operating Officer Eckhardt Ruemmler said in a statement.

  • Reuterslast month

    Elliott ups pressure on Fortum with Uniper 'domination' proposal

    Activist investor Elliott on Thursday called for a shareholder vote to push the management of German utility Uniper into talks with its top investor Fortum, hoping this will result in the Finnish group getting full control. Elliott, Uniper's No. 2 shareholder with 17.84 percent, wants investors to decide at the group's next annual shareholders' meeting on May 22 on whether Uniper should enter discussions with Fortum over a so-called domination agreement.

  • Reuterslast month

    Uniper talks to sell Italy LNG plant stake raise eyebrows in Rome

    MILAN/FRANKFURT (Reuters) - Germany's Uniper is in advanced talks with Australian fund First State Investments to sell its stake in a liquefied natural gas terminal in Italy, three sources said on Wednesday, raising concerns in Rome over the sale of strategic assets. Energy firm Uniper holds a 48.24 percent stake in the OLT LNG terminal, while Italian multi-utility Iren owns 49.07 percent. Italy's government has placed LNG terminals on a list of strategic assets and can exercise so-called golden powers to protect them by attaching conditions or forbidding the deal.

  • Reuterslast month

    Uniper in advanced talks to sell Italy LNG plant stake: sources

    MILAN/FRANKFURT (Reuters) - Germany's Uniper is in advanced talks with Australian fund First State Investments to sell its stake in a liquefied natural gas terminal in Italy, three sources said on Wednesday, in a move that is raising political eyebrows in Rome. Energy firm Uniper holds a 48.24 percent stake in the OLT LNG terminal, while Italian multi-utility Iren owns 49.07 percent. In a tweet on Wednesday, Italy's Foreign Office Junior Minister Guglielmo Picchi said the government should carry out a preventive review before any sale to protect national security.

  • Uniper says UK capacity market suspension could drag into 2020
    Reuterslast month

    Uniper says UK capacity market suspension could drag into 2020

    Suspension of a scheme paying billions of pounds to utilities in Britain to provide back-up electricity could drag into 2020, the UK head of German power company Uniper said. A European Union court ruling last November forced Britain to halt payments under the scheme pending a review, a decision which hit shares in British power companies. The scheme, known as the capacity market, pays power generators to be available in times of high demand.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of UN01.DE earnings conference call or presentation 12-Mar-19 7:30am GMT

    Full Year 2018 Uniper SE Earnings Call

  • Reuterslast month

    Uniper, Fortum talks cover Russian water testing licence - CFO

    Fresh talks between Uniper and top shareholder Fortum include a water-testing licence the German firm owns in Russia, its finance chief said on Tuesday, seen as a major hurdle to a complete takeover. Christopher Delbrueck was speaking after Uniper reported a 22 percent drop in 2018 operating profit and said it could fall by more than a third this year, partly due to a suspension of capacity payments in Britain. Relations between Uniper and state-owned Finnish group Fortum have been strained since Fortum failed to fully acquire Uniper in 2017.

  • Reuterslast month

    Uniper to demand meaningful compensation for Datteln 4 plant

    FRANKFURT (Reuters) - Uniper will seek meaningful compensation for its new 1.5 billion euro (£1.3 billion) Datteln 4 coal-fired power plants should the German government ask keep the station off the grid ...

  • Reuters2 months ago

    Pence chastises EU, rejects Merkel's call to work with Russia

    U.S. Vice President Mike Pence rebuked European powers over Iran and Venezuela on Saturday in a renewed attack on Washington's traditional allies, rejecting a call by Germany's chancellor to include Russia in global cooperation efforts. In speeches and in private talks at the Munich Security Conference, Pence and Chancellor Angela Merkel laid out competing visions for how the West should address world crises.

  • Reuters2 months ago

    German cars pose no security risk to United States, Merkel says

    German cars do not pose a security threat to the United States, Chancellor Angela Merkel said on Saturday as she appealed for global cooperation on a range of issues from dealing with Iran to preventing another migrant crisis. "We are proud of our cars and so we should be," Merkel said, adding, however, that many were built in the United States and exported to China. "If that is viewed as a security threat to the United States, then we are shocked," she told the Munich Security Conference to applause from the audience.

  • Reuters2 months ago

    Germany welcomes EU gas compromise on Nord Stream 2 regulation

    Germany's government welcomes the compromise the European Union has reached on a gas directive setting the legal framework for Russia's Nord Stream 2 gas pipeline, a government spokeswoman said on Wednesday. A spokesman for the economy ministry added it was a "substantial aspect" that the gas supplier and the operator of the pipeline must not be identical. Representatives of the European Commission, the European Parliament and of the 28 member states on Wednesday reached a provisional deal on new rules governing import gas pipelines which should lead to a new law in the coming months.

  • Reuters2 months ago

    EU nations back rules that may stall Russia's Nord Stream 2 pipeline

    European Union nations backed a plan to regulate Russia's Nord Stream 2 pipeline on Friday, a move that will likely slow but not rule out its construction. The long-stalled agreement comes after a last-ditch German and French push to amend the draft and give Berlin a greater say in how to ensure the pipeline to carry Russian gas to Europe under the Baltic Sea complies with EU law. Chancellor Angela Merkel hailed the vote as an example of Berlin's close ties with Paris after the two major European powers, which both have firms invested in the project, were publicly at odds ahead of the EU meeting.

  • Reuters2 months ago

    German energy grids say plans ready for 100MW hydrogen plant

    German power and gas grid firms Amprion and Open Grid Europe (OGE) said on Monday they would shortly apply to build the country's first large hydrogen plant that can convert windpower to alternative fuels that are easier to store and transport. The 100 megawatt (MW) power-to-gas (ptg) plant to be called "hybridge" can start operations from 2023 at Lingen in Germany's windy north-west, the firms said in statements presented at a Berlin news conference. Grid companies had already been looking to cope with separate government targets, set a year ago, to nearly double the share of wind and solar power to 65 percent of electricity generation by 2030.

  • Reuters2 months ago

    Germany's economy minister approves EU deal on Nord Stream 2 regulation

    BERLIN (Reuters) - The European Union agreement on how to regulate Russia's Nord Stream 2 gas pipeline is a reasonable solution for an important issue, German Economy Minister Peter Altmaier said on Friday. ...

  • Reuters2 months ago

    Berlin: Germany and France in constant contact on Nord Stream

    BERLIN (Reuters) - Germany and France are in constant contact on Russia's Nord Stream 2, a German government spokesman said on Friday after France said it would back an EU proposal to regulate the gas ...